38, THOMSON DRIVE, CODNOR, RIPLEY, DE5 9RU - £95,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 THOMSON DRIVE is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £95,000 in February 2013, which was around 49% below the average February 2013 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

38 THOMSON DRIVE Sold Prices

Land registry data shows two sales for 38 THOMSON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 38 THOMSON DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 12 FEB	£95,000	£185,197	49% below HPI
1997 2 JUN	£49,000	£67,067	27% below HPI

38 THOMSON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 38 THOMSON DRIVE sales from June 1997 and February 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2013 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 38 THOMSON DRIVE?

38 THOMSON DRIVE is 55m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 38 THOMSON DRIVE lies on this distribution: 2% of detached houses are smaller than 38 THOMSON DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ripley.

38 THOMSON DRIVE: Plot and Title Map

38 THOMSON DRIVE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 38 THOMSON DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 38 THOMSON DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 38 THOMSON DRIVE?

38 THOMSON DRIVE is located in CODNOR, in the DE5 postcode district. The below map shows the position of No. 38 on THOMSON DRIVE.